Golar LNG Limited Message Board

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Gold/Mining/Energy : Golar LNG Limited

GLNG 41.06

+1.5%

3:59 PM EDT

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To: Elmer Flugum who wrote (9)	6/18/2003 7:01:13 PM
From: Dennis Roth	Read Replies (1) of 60

No I hadn't. The rate of injecting gas into storage this year is going faster than that article predicted. You can track the gas in storage at this link with both charts and graphs. highlandenergy.com They are updated every week. Injection rates have been going faster than previous years because of cool spring weather and reduced demand from industry. I'm not in Golar at this time. I'm just watching it. I think it has gone up too far and too fast in the current mania for gas stocks. It's not a gas producer. Its not a drilling company. Its a shipping company. It has good prospects long term as volumes of LNG shipping grows. I think if I am patient, I will be able to pick it up later at much lower prices as a long term hold in a growing industry.

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